Dutch Philips Electronics' Chief Executive Gerard Kleisterlee
repeated on Monday that China would play an important role in the
company's growth strategy.
Philips said in a statement that research and development
activities in China would be stepped up and the already strong
position of the Philips brand would be further bolstered by
cross-company marketing programs.
Philips is Europe's largest maker of consumer electronics and
lighting and number three in semiconductors.